Carvana (CVNA) Return on Invested Capital (2021 - 2026)
Carvana (CVNA) recorded quarterly Return on Invested Capital of 0.01% in Q1 2026, down 7.07% quarter-over-quarter from 0.01% in Q4 2025, and down 1.0% on a YoY basis from 0.01% in Q1 2025.
Carvana (CVNA) Return on Invested Capital (2021 - 2026) Analysis & Trends
Carvana's Return on Invested Capital history runs 6 years deep, the most recent figure standing at 0.01% for Q1 2026.
- In Q1 2026, Return on Invested Capital fell 1.0% year-over-year to 0.01%; the TTM figure through Mar 2026 stood at 0.01% (down 1.0% YoY), while the FY2025 annual figure was 0.01%, down 1.0% from the prior year.
- Return on Invested Capital was 0.01% for Q1 2026 at Carvana, down from 0.01% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.25% in Q4 2022 to a low of 0.03% in Q1 2024.
- Historically, Return on Invested Capital has averaged 0.01% across 5 years, with a median of 0.0% in 2025.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital rose 25 bps in 2022, then retreated 24 bps in 2023.
- A 5-year view of Return on Invested Capital shows it stood at 0.25% in 2022, then plunged by 94 bps to 0.01% in 2023, then slumped by 78 bps to 0.0% in 2024, then plunged by 335 bps to 0.01% in 2025, then declined by 7 bps to 0.01% in 2026.
- The last three Return on Invested Capital figures came in at 0.01% (Q1 2026), 0.01% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | 0.00% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | -0.01% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 0.00% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 0.00% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 0.00% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 0.00% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 0.00% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 0.00% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 0.00% |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.01% |
| Dec 31, 2025 | -0.01% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 0.01% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | -0.03% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.25% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -0.01% |
| Mar 31, 2022 | -0.01% |
| Dec 31, 2021 | 0.00% |